Here’s a week old piece on the sheer growth of the Chinese economy. The Chinese government is making life hard for out of city workers to come into the boom cities, through an internal passport system known as the hukou system. It seems that there is still a vast reserve army of the underemployed. If you combine this with the under mechanised nature of much Chinese production – there is still a vast amount of economic expansion in the long term – whatever short term hiccups we’re going to see.
China making it hard for workers to move to the City